Tennis great Boris Becker is reportedly selling his Wimbledon trophies, amid claims the German ace has racked up debts in excess of £54million.

Becker, 49, was once worth £30million. But three months ago her was declared bankrupt over money owed to a bank.

Now magazines Stern and Bunte claim that declaration was merely the start, with Bunte claiming a court appointed insolvency administrator has found that £3million figure pales in comparison to the debt the ex-Wimbledon champ has built up.

Becker now faces having his homes and personal property repossessed, amid claims the firm of Smith & Williamson has produced a report laying out his financial situation.

Becker is set to sell his Wimbledon trophies (Image: PA Wire)

Boris Becker with his wife Lilly (Image: Splash)

According to the Sun, the German will sell his three Wimbledon trophies - claimed during his 1980s pomp - in the hope of clawing back £1million.

It's claimed auction house Wyles Hardy & Co. is set to estimate the value of his trophies and memorabilia.

Becker lost much of his wealth in divorce from ex-wife Barbara, who won a huge slice of his then-fortune in 2001.

Boris Becker celebrates winning Wimbledon in 1989 (Image: Mirrorpix)

Lawyers for Becker pleaded with a Bankruptcy Court registrar in London for "a last chance" to pay back a long-standing debt at the High Court in June.

But judge Christine Derrett said it was "with regret" she concluded there was a lack of credible evidence that his "substantial" debt would be paid soon - subsequently refusing to adjourn the case for another 28 days - and saying of Becker: "One has the impression of a man with his head in the sand."

A source close to Becker reportedly told the Sun: “Boris needed to find cash fast. Selling his precious Wimbledon trophies was deemed the quickest way.”